On june 7th, the "video shop freight insurance" service guide was released, indicating that the so-called video number freight insurance was officially online。
The first-time insurance coverage is based on a five-tier choice according to the operational category, with the highest premium of $1. 12 for clothing, boots and jewellery and the lowest premium of 0. 34 for household construction materials and food drinks。
Billions of state power has been uniquely disclosed: the cost insurance insurance for the grey scale test of the video number, and the official invitation to participation in the internal survey of branded and official flagship stores, such as the seaborne official flag shop, the pelea official flag shop, the flower flag shop, the hobbies flag shop and the kyoto jun jewellers camp, covers such items as make-up, jewellery, women's clothing, food, etc。
After 23 april, “freight insurance” appeared in the category management rules issued by video number. Billions of states power has learned from multiple surveys that the video number freight risk is likely to come on line in may this year. "only monopoly video"
Today, freight risk is officially on line, and businesses can open the backstage of a small video store to access or operate the service by clicking on the “freight risk” under the “platform service” button. When freight insurance is introduced, the vendor is required to pre-charge the premium, the insurance is automatically effective when the commodity is shipped and the premium is automatically deducted. Currently, sweeps are provided and public-to-public bank transfers are charged。
Businesses that open freight insurance, air bubbles, live room windows, shop front pages, commodity details pages, etc., are subject to “freight insurance”. The provision of freight insurance services is assessed on the basis of recent purchases by users, so that some users may not have access to the service, and it is recommended that users maintain good purchasing behaviour and that more purchases be made on platforms and orders are evaluated。
Freight insurance premiums are subject to dynamic pricing, and insurance companies determine freight insurance premiums for each order based on the characteristics of the commodity, the rate of return and the payment of compensation. The premium is subject to real-time changes, the quotation is applied to the current purchase order and the corresponding amount is frozen as a premium, and the deduction is formally applied when the commercial delivers the goods。
At the time of the first return insurance policy, the insurance company determined the insurance premiums for each order according to the category of business goods, which are currently divided into five tranches, with premiums ranging from $0. 34 to $1. 12, with a single premium of $ 1. 12 for clothing, boots and jewellery, 0. 98 for household rolls, toys, furniture, numbers, outdoors, etc., and 0. 74 for make-up and personal care。
When the vendor has completed 15 natural days of insurance in excess of 500 policies, the insurance company will determine the premium for each order based on the risk rate, the average amount paid, etc., at a maximum of 7. 62, with a corresponding risk rate of 49 to 50 per cent (more than 50 per cent will no longer be insured)。
Video-numbered freight insurance, which currently provides two types of payment: 1) the buyer's return of the goods is a “door-to-door pick-up”: for an order for the provision of security services, the freight risk is offset by the first kg of freight, which the user has to pay only part of the cost; 2) the buyer's return is a “self-remittance”: the insurance company will pay a cash compensation in the form of a transfer to micro-credit, the amount of which is determined on the basis of the conditions relating to the subject matter of the insurance at the time of the insurance, and there may therefore be inconsistencies with the return of the freight actually paid。
The payment process initiates a return/replacement application for merchant's > users > the vendor agrees to apply > the user returns the goods and uploads the logistics information > the vendor confirms that the post-receipt system automatically initiates a settlement > 72 hours after payment of the freight claim。
Over the past few years, the return rate in the electrician sector has skyrocketed at a high rate, reaching up to 60 to 70 per cent for certain platforms. Many vendors attribute the high rate of return to freight insurance, which is “killing” the merchant。
The vendors involved in the testing told billion state dynamics that, after going online freight insurance, no significant change in the rate of return had been observed for the time being. This may be partly due to the high overall age of users of video-numbered transactions and the lower overall return rate (mostly around 10 per cent); and the screening effect of freight risk, leading to a mainstream of lower groups of refunds。
In the future, there may be an increase in the rate of return of goods for video number advantage categories such as clothing, make-up and food, once the number of active transaction users is larger and the number of transaction users is more diverse。
Despite this, up-line freight insurance remains a landmark event and a key step forward in the commercialization of video numbers. Several service providers told billion state power that freight insurance was one of the most frequently asked questions on a daily basis。
